TRANSACTIONS
Banking Transactions:
Advised several banks and financial institutions on the lending and security transactions and enforcement actions, including project and syndicated financing contracts, inter-creditor and trust arrangements, for a total value of over USD 300 million.
LNG Terminal Project:
Acted as counsel to a foreign investor to set up an integrated LNG terminal for a value of over USD 300 million and annual LNG imports and gas sales of around USD 1,000 million; the work included advice on the complete LNG value chain, starting from initial regulatory consents to gas sale contracts with end-users.
Gas Marketing Project:
Acted as counsel to a group of local investors to start gas marketing business with an annual sale value of USD 300 million; the work included development of promoters agreement, setting up of special purpose vehicle (SPV), obtaining regulatory license and consents, project agreements for LNG imports, LNG terminal use, gas transportation agreement and gas sale agreement.
LNG Import Transaction:
Acted as counsel to two leading manufacturing industries to undertake LNG import and gas transportation for self-consumption for an aggregate volume of 100 MMCFD; the work included regulatory licenses for LNG imports, commercial dealings with LNG suppliers and gas transportation arrangements with the local transporters.
Renewable Energy Projects:
Acted as counsel to a foreign investor to develop two wind farms of 50 MW in Sindh for a value of USD 200 million; the work included full support from planning stage, regulatory consents, licenses, financing arrangements to EPC and insurance.
Renewable Energy Contracts:
Acted as counsel to a federal power-sector agency to prepare standard project documents for waste-to-power projects (i.e., IA, EPA and GOP Guarantee).
Oil Storage Project:
Advised an oil marketing company to set up an oil storage project in collaboration with a state-owned company for a value of around USD 200 million; the work included review and advice on all project agreements starting with the joint venture between the two sponsors.
Acquisitions:
Acted as acquirer’s counsel in the acquisition of several businesses and companies with a combined value of over USD 700 million; the work included support on pre-acquisition LOIs, due diligence, risk analysis, offers, negotiations and formal contract.
Debt Acquisitions:
Advised a state-owned corporation on the acquisition and enforcement of debt portfolios of 6 state banks for a value of USD 25 million; and re-packaging and transfer of debt portfolio of USD 5 million.
Privatization:
Acted as counsel for the acquisition of a financial institution in the privatization of a state-owned bank with an estimated sale offer of around USD 20 million.
Construction Projects:
Acted as developers’ counsel in several construction and real estate projects, including multi-use buildings, for a total value of over USD 200 million; the support included review and drafting of commercial contracts on development, sale and O&M interfaces.
Procurements & Supply Transactions:
Advised local and foreign manufacturers and suppliers in the supply of goods and services procured by local businesses and governmental entities for a combined value of over USD 1000 million; including review of bid documents and bids, letters of awards and formal supply contracts.
Distributorships:
Advised foreign manufacturers and suppliers on local distributorships, franchises and partnerships with annual sales of over USD 50 million.
Investment Transactions:
Advised local and foreign corporate and individual investors on foreign direct investment into different business sectors for a combined value of over USD 500 million; the work included review and drafting and advising on JVAs, SPAs, promoters agreements, and setting up of SPVs, holding companies and subsidiaries, and regulatory compliance.
Investment Treaties:
Advised the Finance Ministry of Pakistan on bi-lateral investment treaties with Germany, Turkey and USA and several sovereign contracts, MOUs and framework agreements.
Public Funds:
Advised the Finance Ministry of Pakistan on the development of credit guarantee and liquidity scheme for the financial sector with a value of USD 100 million.
Investment Fund:
Advised the Finance Ministry of Pakistan on the development of a public investment fund of USD 100 million to support the strengthening of capital markets.
Bonds:
Advised Finance Ministry of Pakistan on government bonds, sukuks, GDRs and debt instruments for a combined value of over USD 2,000 million.
Debt Refinance:
Acted as counsel of a state-owned holding company to refinance outstanding debts of the power sector for a combined total of USD 200 million.
Governance:
Acted as a Member of the Sub-governing body of the Board of Directors of a state corporation which was owned by the Federal Government and engaged in the acquisition of debt portfolios of commercial banks. The role involved review and advice on day-to-day policy matters of the corporation.
Additional Works:
Include investment agreements, JVAs, founders agreements, IPOs, pre-IPOs, private placements, underwriting, securitization, REITs, regulatory affairs, licenses and consents, IT and telecom, company and branch office set up, public private partnerships, and all types of commercial transactions.
Commercial Arbitrations:
Acted as counsel in arbitrations over contractual disputes for a total value of USD 1,000 million; the role included legal advice on pre-arbitration planning, discovery, depositions, proceedings, and award and its enforcement. Additionally, acted as arbitrator for construction, industrial and IT businesses.